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A auditor can audit max. Of 20 co. In which not more than 10 public co. Is it right ?
Answers (5)
vishwam mandepudi
As per 141(3)(g), An auditor cannot hold appointment as such of not more than 20 companies. But Small companies, Dormant companies, OPC, Pvt Ltd companies with paid up capital <100 crore are not counted for this 20.
Ek limit hoti hai public co. Ke liye upto 10 wo kisme hai। ?
Thread Starter
KUMAR CHTNEk limit hoti hai public co. Ke liye upto 10 wo kisme hai। ?
As per ICAI the limit is 30 companies including all. In that 30, public companies and pvt companies with paid capital of 100 crore or more should not exceed 20.
Thread Starter
KUMAR CHTNYe kaunsi limit hai ?
Limit under Companies act is 20. Here there is no upper limit for Small,Dormant,OPC and Pvt ltd companies with PC less than 100 crore. ICAI limit is 30 including all companies subject to 20 limit under companies act.
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